Latest Joint Venture News

HealthCo Healthcare & Wellness REIT reports FY25 results marked by suspended distributions amid Healthscope receivership, while maintaining strong portfolio fundamentals and active tenant resolution efforts.

HealthCo Healthcare and Wellness REIT reported a substantial $89.3 million loss for FY25, driven by tenant payment issues and portfolio downsizing, leading to suspended distributions and a debt facility extension.

Helix Resources has initiated trading of rights under its renounceable rights issue, offering shareholders flexible options to participate or sell. This move aims to support the company’s expanding copper and gold exploration projects in Arizona and New South Wales.

DataWorks Group has extended its $10 million Ontario self-exclusion contract to include advanced call centre services, adding $1.15 million in revenue and reinforcing its leadership in regulated gaming technology.

Qube Holdings reveals significant non-cash impairments and provisions tied to its Moorebank Logistics Park Interstate Rail Terminal, while underlying earnings are expected to grow by at least 5% in FY25.

Ventia Services Group reported a 32.6% jump in half-year profit to $134.5 million despite a slight 1.5% revenue decline, declaring a 10.71 cents interim dividend and upgrading full-year earnings guidance.

Telstra Group Limited reported solid financial growth for FY25, completing its T25 strategy and launching a new five-year Connected Future 30 plan focused on connectivity and AI innovation.

Suncorp Group has reported a robust financial year with a 66% jump in net profit and announced a healthy final dividend, signaling confidence in its ongoing performance.

Eildon Capital Group has entered a joint venture to acquire a large sandalwood plantation in Queensland’s Burdekin Irrigation District, while unveiling a strategic update to its operating model aimed at driving disciplined growth and enhanced returns.

Great Divide Mining disputes Adelong Gold’s claim that their joint venture’s first annual programme and budget were not approved, setting the stage for a potential legal showdown.

FMR Resources has refined a significant copper porphyry target at the Southern Porphyry prospect within the Llahuin Project JV, setting the stage for Phase I drilling early in Q4 2025.

Tamboran Resources has achieved a landmark agreement with Native Title Holders and the Northern Land Council, enabling the sale of appraisal gas from the Beetaloo Basin. This paves the way for first gas delivery from the Shenandoah South Pilot Project by mid-2026, supporting Northern Territory energy security.